Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments. Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable $ Current Year $ 375,911 99, 129 0 Prior Year $ 235,231 102,691 89,640 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year 375,911 $ 99,129 0 Prior Year 235,231 102,691 89,640 Denominator: Dollar Change Percent Change % % %
Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments. Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable $ Current Year $ 375,911 99, 129 0 Prior Year $ 235,231 102,691 89,640 Horizontal Analysis - Calculation of Percent Change Numerator: 1 Current Year 375,911 $ 99,129 0 Prior Year 235,231 102,691 89,640 Denominator: Dollar Change Percent Change % % %
Chapter2: International Flow Of Funds
Section: Chapter Questions
Problem 4IEE
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